Public Outrage at PG&E and Their Exploitation

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Public Outrage at PG&E and Their Exploitation

Brandon Soung

PG&E, the largest utility company in California has recently called for bankruptcy as a result of the liability claims for the recent wildfires in the last two months of 2018.

The large controversy behind PG&E calling for bankruptcy is that they can now legally raise the utility prices to pay back the debt of over 50 million dollars. In addition, the lawsuits against PG&E are now on hold, which may last years if not decades, providing no compensation for the wildfire victims until the file for bankruptcy has ended.

Sophomore Maya Jimenez said “It worries me how such a big company has the ability to raise their utility prices and ignore the interests of the wildfire victims.”

PG&E has also been responsible for 17 out of the 21 fires in 2017 alone, showing that they haven’t done much in the past years to prevent these fires, as the fires have come from faulty equipment and power lines.

Jimenez said “I learned earlier this year that PG&E was also charged with chromium poisoning and had lost millions of dollars in that lawsuit. So if they hadn’t learned to be safe about their equipment back then, I doubt that they will be safer after their bankruptcy.”

This is definitely a big concern for the residents in California, as we already have one the most expensive utility costs in the whole nation. A main problem may not in fact be the bankruptcy itself, but the company’s board officials who continue to ignore the well being of California residents, for the pursuit of business and profit.

English teacher Shalom Montgomery said “This is why I think major infrastructure companies like PG&E need government oversight as the PG&E gas leak had the same exact problem.”

Like many other monopolized companies, PG&E currently holds too much power and free will in making their own decisions, which negatively affects the vast majority of Californians.

Montgomery said “PG&E is obviously working the system right now, when they should take the responsibilities for their mismanagement instead.”

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